The Hindu Business Line : Saturday, August 09, 2003

To whose credit?
INDIA WILL COLLECTIVELY want to offer a thanksgiving to Lord Varuna for well irrigating the country and, in turn, the economic system. Good monsoon is helping the Finance Minister, Mr Jaswant Singh, breathe easy and in the process also admit to ... More

FOREX

High foreign exchange reserves: A dilemma
The high level of forex reserves has certainly provided the much-required boost to investor confidence and given India a good image abroad. Instead of worrying about their cost to the economy, the Government should use them to restart the debate on c apital account convertibility and initiate aggressive FDI and trade policy reforms, says Pravakar Sahoo. More

POLITICS

Being human and emotional
THE other day the Prime Minister, Mr Atal Bihari Vajpayee, responding to points raised by the Opposition in the Lok Sabha, on the CBI chargesheet vis-à-vis the Babri Masjid demolition case, said: "The ... More

TAXATION

Crystal gazing into contingency
R. Anand on the thin line dividing contingent and ascertained liabilities. More

Grey areas in black and white
T. C. A. Ramanujam on the need to amend the law that governs real-estate transactions. More

Knowhow for a stillborn project
K. Srinivasan on the drafting gaffes in the law on knowhow expenditure. More

CORPORATE GOVERNANCE

Outsource performance evaluation to stock market
MOST corporate failures in the recent past have been stereotyped into a two-villain mould: the CEO as the greedy insider and the auditor as the consenting accomplice. While regulators have been playing the white ... More

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